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Committee backs qualifications-based bid for Van Buren Middle School; PSFA funding to supplement local bond
Summary
The Finance Committee recommended board approval of a qualifications-based construction bid for Van Buren Middle School and discussed how Public School Facilities Authority (PSFA) funds and a 2023 bond will be used to stretch local dollars amid inflation-driven cost pressure.
The Albuquerque Public Schools Finance Committee on July 23 recommended that the School Board approve a qualifications-based bid for phase 1 construction at Van Buren Middle School and grant signatory authority for necessary easements and infrastructure to the board president and secretary.
Why it matters: the project would replace several aging standalone buildings, consolidate facilities on the Van Buren campus and address grading and drainage needs. Committee members asked how the project aligns with the district’s Capital Master Plan and how state PSFA funds are being used to leverage local bond dollars.
Facilities presenter Mr. Hawkes told the committee the qualifications-based bid is “in the amount, as you…
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